care.ai Secures $27M in Funding

care.ai

care.ai, an Orlando, FL-based provider of an AI-powered ambient monitoring platform in healthcare, raised $27M in funding.

The round was led by Crescent Cove Advisors.

The company intends to use the funds to accelerate growth and scale deployments of its smart care facility platform throughout the U.S.

Led by Founder and CEO Chakri Toleti, care.ai provides a platform that enables AI-powered care facilities to ambiently monitor clinical and operational workflows and learn from them in real-time to predict, prevent, and protect, optimizing the patient and provider experience and human care. Powered by AI-enabled edge sensors, the platform surfaces real-time inferences and insights to alert and report on activities that help healthcare organizations improve quality, safety, and compliance while optimizing the clinical workforce.

The company has already deployed its technology to over 1,500 facilities across the U.S., including hospitals, skilled nursing facilities, and assisted living facilities.

FinSMEs

22/11/2022